Sensex rose 230 points. Adani Ports, Nalco, and NTPC saw price movements. Analyst Riyank Arora suggests buying opportunities. He recommends Adani Ports with a stop loss of 990. Nalco is a buy with a stop loss of 215. NTPC is also a buy, with a stop loss of 340.
RBI eases restrictions on cash credit accounts, eases current account norms
The Reserve Bank of India has lifted all restrictions on banks opening and maintaining cash credit accounts, offering greater flexibility for short-term working capital loans.